AU Optronics (AUO) recently announced October consolidated revenues of NT$53.121 billion (US$1.64 billion) and unconsolidated revenues of NT$53.062 billion, both of which dropped slightly 1.1% from the previous month, according to the company.
On an on-year comparison, consolidated and unconsolidated revenues still increased significantly by 59.7% and 59.5%, respectively according to AUO.
In supporting the upcoming seasonal demand, AUO's current loading rate remains full. Meanwhile, AUO shifted most shipments to be transited by air from September, which resulted in a decrease of goods-in-transit and lower inventory turnover days.
Shipment of large-sized panels in October experienced a slight 3.4% sequential decline and amounted to 7.9 million units. Shipments of small- to medium-size panels set a new record o f 15.5 million units, presented a 9.4% sequential increase.
Article translated by Emily Chuang and edited by Eric Mah